# Income Tax (Trading and Other Income) Act 2005, Section 707: Authorisation of providers

Extent: E+W+S+N.I.

(1) In the case of an institutional arrangement, section 702(1) (exemption of interest payable under certified SAYE savings arrangements) only applies if, at the time the contract under the arrangement is made, the provider is authorised by the Commissioners to enter into contracts under it.
(2) If the authorisation is conditional, the conditions must be met at that time.
(3) Authorisation may be given for arrangements generally or a particular arrangement.
(4) More than one authorisation may be given to the same provider.

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Source: https://www.legislation.gov.uk/ukpga/2005/5/section/707 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/section-707
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.